Thursday 24 July 2014
 
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Yemen struggles towards fuel price reform

A clampdown on state spending was an effort by Yemen's government this month to win public support before its biggest economic reform in years: higher fuel prices. But an angry public may not be won over.

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Petchem prices 'may rise in next 3 years'

The global outlook for petrochemical demand over the next three years is positive and there is room for prices to rise, the chief executive of Saudi Basic Industries Corp (Sabic) said on Sunday.

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Alcohol ban 'forcing hotel owners into distress sales'

Several Bahraini and foreign hotel owners are offering to sell their three and four-star hotels at 25 per cent less than their price a month ago.   A Bahraini investor who owns a chain of three and four-star hote

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Alcohol ban 'forcing hotel owners into distress sales'

Several Bahraini and foreign hotel owners are offering to sell their three and four-star hotels at 25 per cent less than their price a month ago.   A Bahraini investor who owns a chain of three and four-star hote

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Prices of more drugs to be slashed in Bahrain

Drugs used to treat skin conditions and sexually transmitted diseases will be included in a nationwide scheme to reduce prices of medicines in Bahrain.   The third phase of the initiative, which is part of a GCC

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Call for unified herbal medicines GCC registry

A body that regulates drugs coming into the GCC wants to create a unified database of herbal medicines permitted by all Gulf countries in hopes of controlling prices.   The GCC Central Committee for Drugs (GCC-DR

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Bahrain's stores vow to keep prices down in Ramadan

At least 50 of Bahrain's top supermarkets and food distributors have signed a pledge to keep prices down during Ramadan.   The memorandum of understanding (MoU) is a commitment not to raise prices and actuall

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High oil prices big boost for Bahrain's economy

High oil prices fuelled by the escalating crisis in Iraq could help drive down Bahrain's national debt.   Crude oil prices have been on the increase in recent weeks, with concerns over disruption in supply dr

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CBQ sets final guidance for 5-year bond

Commercial Bank of Qatar (CBQ) has set the final price guidance for its benchmark-sized, five-year, US dollar bond offering in the range of 117 to 120 basis points over mid-swaps, a document from lead arrangers showed on Tuesday.

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Oman plans measures to reduce drug prices

Oman’s Ministry of Health is set to introduce measures to reduce the prices of drugs for consumers in the Sultanate, which has recorded the highest pharmaceutical drug prices in the GCC region, said a report.  

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